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Biogen Completes Acquisition of RayThera Inc. to Expand Immunology Pipeline

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Sig2.83Sen+4.80Env0.00Soc+0.80Gov+0.60

Biogen announced the completion of its acquisition of RayThera Inc., a privately held immunology-focused biotech developing small-molecule therapies. The deal adds a lead program now in Phase 1 and is framed as strengthening and diversifying Biogen’s immunology pipeline through its open innovation model, with anticipated financial impacts described as forward-looking.

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